Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

In terms of sectors, Wood remains bullish on the real estate sector and suggests the Indian realty market to be one of Asia’s hottest investment bets, besides Singapore

Chris Wood rejigs India portfolio; adds Macrotech Developers, Adani Ports

Macrotech Developers Ltd has added 2.61% over last one month compared to 5.25% gain in S&P BSE Realty Index index and 3.65% rise in the SENSEX

Macrotech Developers Ltd Spurts 1.22%

Macrotech Developers (Lodha Group) has announced 16 new projects for the second half for the ongoing fiscal year, totalling to 7.3 million square feet and Rs 10,000 crore in estimated sale value

New home launches highest since 2014, but developers want to keep launching

Stocks to watch before going into trade today.

Stocks To Watch: NDTV, Adani Enterprises, LIC, Hindustan Zinc, HEG, Bharat Electronics, Macrotech Developers

Macrotech Developers, which sells its properties under the Lodha brand, is one of the leading real estate firms in the country. It has a major presence in Mumbai Metropolitan Region (MMR) and Pune property markets, while recently making an entry into the Bengaluru market with one housing project.

Macrotech Developers to launch 16 projects worth Rs 10,300 crore in H2 FY23

Macrotech Developers share price today: Macrotech Developers stock, which hit a 52-week high of Rs 1,538.65 on December 1, 2021 was trading at Rs 950 on BSE today, down 38.27 per cent during the period

Macrotech Developers shares down 38% from 52-week high; good time to buy?

Mumbai-based Macrotech Developers, which sells its properties under the Lodha brand, is one of the leading real estate firms in the country. It has a major presence in Mumbai Metropolitan Region (MMR) and Pune property markets, while recently making entry into Bengaluru market with one housing proje…

Macrotech Developers looking to sell 5 lakh sq ft mall, 1.5-2 lakh sq ft office space: MD Abhishek Lodha

Realty firm Macrotech Developers plans to sell a shopping mall near Mumbai and 1.5-2 lakh square feet office space by March to monetise non-core assets, its MD and CEO Abhishek Lodha said

Macrotech Developers looking to sell mall, office space: MD Abhishek Lodha

Choice Equity Broking recommended Neutral rating on Macrotech Developers with a target price of Rs 926 in its research report dated November 04, 2022.

Neutral Macrotech Developers; target of Rs 926: Choice Equity Broking

Motilal Oswal is bullish on Macrotech Developers recommended buy rating on the stock with a target price of Rs 1530 in its research report dated November 01, 2022.

Buy Macrotech Developers; target of Rs 1530: Motilal Oswal

The core fee-based income declined by 32%. Gross slippages stood at ~3%, while elevated, they moderated on a QoQ basis. Provisioning costs also remained elevated. High overall stress book relative to peers, the brokerage said.

Hot Stocks: Brokerages on PNB, Macrotech Developers, and Mahindra Finance

Macrotech Developers Limited, formerly Lodha Developers Limited, is a residential developer. It is engaged in developing real estate across the residential and commercial sectors in the Mumbai, Pune and in London. Its residential portfolio comprises of luxury, high-end and aspirational developments. It also develops office and retail projects across markets as standalone developments and in mixed-use format. It is developing several apartment projects, such as the World Towers at Lower Parel, Trump Tower Mumbai at Worli and Lodha Altamount at Altamount Road. In its high-end residential category, it is developing projects, such as The Park at Worli, Lodha Venezia at Parel, and New Cuffe Parade at Wadala. Aspirational residential category consists of several projects, including Lodha Eternis at Andheri, Lodha Luxuria Priva at Thane, Lodha Splendora at Thane and Lodha Belmondo at Pune. Its brands include Lodha, Lodha Luxury and Palava.

Macrotech Developers Ltd

Macrotech Developers Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Chris Wood rejigs India portfolio; adds Macrotech Developers, Adani Ports

Macrotech Developers Ltd Spurts 1.22%

New home launches highest since 2014, but developers want to keep launching

Stocks To Watch: NDTV, Adani Enterprises, LIC, Hindustan Zinc, HEG, Bharat Electronics, Macrotech Developers

Macrotech Developers to launch 16 projects worth Rs 10,300 crore in H2 FY23

Macrotech Developers shares down 38% from 52-week high; good time to buy?

Macrotech Developers looking to sell 5 lakh sq ft mall, 1.5-2 lakh sq ft office space: MD Abhishek Lodha

Macrotech Developers looking to sell mall, office space: MD Abhishek Lodha

Neutral Macrotech Developers; target of Rs 926: Choice Equity Broking

Macrotech Developers Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Chris Wood rejigs India portfolio; adds Macrotech Developers, Adani Ports

Macrotech Developers Ltd Spurts 1.22%

New home launches highest since 2014, but developers want to keep launching

Stocks To Watch: NDTV, Adani Enterprises, LIC, Hindustan Zinc, HEG, Bharat Electronics, Macrotech Developers

Macrotech Developers to launch 16 projects worth Rs 10,300 crore in H2 FY23

Macrotech Developers shares down 38% from 52-week high; good time to buy?

Macrotech Developers looking to sell 5 lakh sq ft mall, 1.5-2 lakh sq ft office space: MD Abhishek Lodha

Macrotech Developers looking to sell mall, office space: MD Abhishek Lodha

Neutral Macrotech Developers; target of Rs 926: Choice Equity Broking

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock